marpy

marpy
Send Message
View as an RSS Feed
  • Boeing beats by $0.34, beats on revenue  [View news story]
    With a strong US dollar and most of their competition in weaker currencies, why is this any surprise???
    Jan 27, 2016. 09:55 AM | Likes Like |Link to Comment
  • New Canada pipeline rules to include upstream emissions impact, PM says  [View news story]
    The right balance with Coderre has more to do with Money than anything else.
    Jan 26, 2016. 01:13 PM | 6 Likes Like |Link to Comment
  • Wall Street Breakfast: China Plunges As Market Rout Continues  [View article]
    The key to Electric Vehicles is the battery. Cost, storage capacity, life of battery and range of vehicle. Until we see sizable improvements in these metrics, the EV is going no where fast.
    Jan 26, 2016. 10:04 AM | 4 Likes Like |Link to Comment
  • ArcelorMittal to idle Spanish steel plant indefinitely  [View news story]
    China will be cutting steel capacity going forward. I suspect that anti dumping tariffs and to a lessor extent the need to cut back pollution is the driving force here.

    http://tinyurl.com/j42...
    Jan 25, 2016. 03:18 PM | Likes Like |Link to Comment
  • Samsung open to M&A for home appliances business  [View news story]
    How about they try building a quality product and provide a decent warranty - something sadly missing in the industry.
    Jan 25, 2016. 11:08 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: Executive Exodus At Embattled Twitter  [View article]
    With the likes of Clinton (same old democratic crap) and Trump (do the republicans really have to stoop to something like Trump??), Bloomberg should be a shoe in. The republicans need to find an alternative to Trump and Fast!!!

    JMO
    Jan 25, 2016. 10:21 AM | 3 Likes Like |Link to Comment
  • Iran is open for business  [View news story]
    Well something tells me that Iran does not have enough cash the weather $20 oil as even most of the freed up money in foriegn accounts goes to pay debits. As for all these inked deals, let me know when any money actually changes hands. ;-) The Saudis and their rich allies on the other hand can weather $20 oil for a number of years with minimal impact.
    Jan 24, 2016. 11:59 AM | 1 Like Like |Link to Comment
  • Vale ordered by court to close main port due to environment breach  [View news story]
    Vale amounts to a "dogs breakfast" - lots of government interference, in a country that seems to have a lot of corruption reaching to the very top and Vale has a high debit load. My preference in the Iron Ore space would definitely be Rio Tinto with BHP as a distant second.
    JMO
    Jan 23, 2016. 06:05 PM | Likes Like |Link to Comment
  • Wynne gives tentative backing to Energy East pipeline  [View news story]
    Line 9 has run through the GTA for the past 50 years and other than its reversal has been in service for the past 50 years with no problems. Presumptuous of you to use the term friends!!
    Jan 22, 2016. 07:16 PM | 5 Likes Like |Link to Comment
  • Wynne gives tentative backing to Energy East pipeline  [View news story]
    The Anti pipeline crowd will stoop to any and all lows including out right lying and so to see them claim it runs right through Toronto is no surprise.
    Jan 22, 2016. 07:14 PM | 3 Likes Like |Link to Comment
  • TransCanada’s Energy East pipeline opposed by Montreal area mayors  [View news story]
    The only good thing about low oil prices is that it may result in Quebec money going to Alberta.
    Jan 21, 2016. 07:49 PM | 1 Like Like |Link to Comment
  • TransCanada’s Energy East pipeline opposed by Montreal area mayors  [View news story]
    That and a lot of these guys are closet separatists and will use any opportunity to stick it to Canada.
    Jan 21, 2016. 01:55 PM | 5 Likes Like |Link to Comment
  • TransCanada’s Energy East pipeline opposed by Montreal area mayors  [View news story]
    Ya it really is time to send those clowns packing - Ignorant about sums them up. Pipe line is far safer than rail anyway you cut it and rail is how the Quebec refineries get north American oil now.
    Jan 21, 2016. 01:53 PM | 7 Likes Like |Link to Comment
  • Here's Where Crude Oil Supply Will Unexpectedly Be Cut  [View article]
    A lot of shale production comes from mid sized to smaller independents that do not have a lot of financial muscles to ride the low prices through while most of the oil sands production comes from majors or sizable companies that have been through this before and have way more financial muscle than the shale producers. That is why Canadian exports of oil to America is up while shale production is down. some of the smaller newer oil sands players are starting to crumble but you are not talking a lot of production here. On the other side of the coin, you have players like Cenovus Energy - fortress like balance sheets with $10/ barrel operating costs and production increasing for 2 almost completed and fully paid for expansions (north of 50K barrels per day). IMO - It will take low oil prices for a fair bit longer before you see a sizable oil sands production drop. The 40% discount thanks to the Canadian dollar also helps.

    JMO
    Jan 21, 2016. 11:10 AM | Likes Like |Link to Comment
  • Here's Where Crude Oil Supply Will Unexpectedly Be Cut  [View article]
    And Canadian Exports to US Surge as shale output drops.

    http://bit.ly/20gIuFN
    Jan 21, 2016. 09:15 AM | 1 Like Like |Link to Comment
COMMENTS STATS
1,504 Comments
3,217 Likes